USD/RUB: Here’s why the Russian ruble is soaring
The USD/RUB exchange rate continued to fall this week as traders monitored new developments in the Russian-Ukrainian war. It also dropped after media reports showed that China was increasing its…
Czech Republic ends reliance on Russian oil after 60 years
The Czech Republic had achieved full independence from Russian oil supplies for the first time in its history, government officials announced on Thursday. This milestone was reached due to the completion…
Eli Lilly stock surges 11% on obesity pill’s success in first late-stage trial
Eli Lilly’s experimental obesity pill, orforglipron, met its main goals in a closely watched late-stage trial, boosting the company’s standing in the fast-growing market for weight loss and diabetes treatments.…
S&P 500 index stocks to watch: Google, Tesla, IBM, Intel, AT&T, Boeing, Chipotle
The S&P 500 index has declined significantly over the past few months, forming a death cross pattern for the first time since 2022. It ended the week at $5,282, down…
As LVMH extends Arnault’s reign, succession concerns still linger: here’s why investors worry
Shareholders of LVMH Moët Hennessy Louis Vuitton voted on Thursday to allow Bernard Arnault to remain at the helm of the company until the age of 85, extending the reign…
PepeX vs Dogecoin: Why PepeX is a better investment in 2025
Despite a big hit to AI stocks in recent months, artificial intelligence remains at the front and centre of all financial debates this year.Earlier this month, Meta Platforms announced plans…
ECB cuts rates by 25 bps as inflation eases, but warns trade tensions cloud growth outlook
The European Central Bank on Thursday reduced its key interest rate by 25 basis points, citing easing inflation and mounting risks to economic growth from trade tensions and business pessimism.…
IMF Chief warns of economic uncertainty amid US-China-EU trade tensions
The International Monetary Fund (IMF) will lower its global growth predictions due to rising trade tensions and market volatility, but no global recession is likely, Managing Director Kristalina Georgieva said…
Is globalization at a crossroads? Nationalism and protectionism threaten trade recovery
Globalization has long been regarded as an unstoppable wave in the world of international trade and cooperation, promoting economic growth and cultural exchanges all over the world. However, in recent…
Nikkei 225 index forecast amid Japan-US talks, USD/JPY crash
The Nikkei 225 index has bounced back this month as the US and Japan continued their negotiations on tariffs. After falling to a low of ¥30,800 on Trump’s Liberation Day,…